Seems like this is being traded by pro traders who know what they are doing. Pretty cool action although I am laying off this one even with prices falling 50%. Dev seems to have a false assertion that he can dictate prices (he can't), i.e if it really came from dev to begin with.

He isnt trying to dictate price rather being confident in pricing his creation?

Seems like this is being traded by pro traders who know what they are doing. Pretty cool action although I am laying off this one even with prices falling 50%. Dev seems to have a false assertion that he can dictate prices (he can't), i.e if it really came from dev to begin with.

He isnt trying to dictate price rather being confident in pricing his creation?

Sorry I phrased that incorrectly and I agree with you. What could be the basis for the underlying confidence though?

Seems like this is being traded by pro traders who know what they are doing. Pretty cool action although I am laying off this one even with prices falling 50%. Dev seems to have a false assertion that he can dictate prices (he can't), i.e if it really came from dev to begin with.

He isnt trying to dictate price rather being confident in pricing his creation?

Sorry I phrased that incorrectly and I agree with you. What could be the basis for the underlying confidence though?

This will be the first crypto-currency that is legitimatized by a governmental body.

Also i think there is a general disliking for the US government within the Indian community and this will allow them to express that distaste in a new way.

I predict we'll see a backwash of auroracoin profits flowing into mazacoin

I already sold my AUR profits to buy Maza, it was tempting to sit on AUR and see how high it could go but doing the math if this can catch even a 1/3rd of AUR's excitement and growth there is much more money to be made.

Also as a resident of Oklahoma with a Cherokee cousin, I support anything Native Tribes can do to uplift themselves and also give the finger to Uncle Sam

I predict we'll see a backwash of auroracoin profits flowing into mazacoin

I already sold my AUR profits to buy Maza, it was tempting to sit on AUR and see how high it could go but doing the math if this can catch even a 1/3rd of AUR's excitement and growth there is much more money to be made.

Also as a resident of Oklahoma with a Cherokee cousin, I support anything Native Tribes can do to uplift themselves and also give the finger to Uncle Sam

Well as a citizen of OK you may want to weigh in on this new law effective this year http://www.entrepreneur.com/article/231736 This could really spur some good innovation if kids had fun with cryptos like doge or whatnot rather than fractional reserve banking principals.

Coin definitely has potential, but it is way way overpriced at this point. Only a few days old, and very few details have emerged.

Overpriced? LOLLLLL. Oh man, I needed a good laugh.

Let's examine the facts here:

Maza has about 9x as many coins as aurora...yet aurora is 3500x more expensive per coin. Yes, 3500x.

Maza has an actual legitimized dev with a public identity, and the people of the tribe do as well. The legitimacy of the coin is as transparent as day, and it will already go down in the crypto history books as the first adopted currency of a nation.

Auroracoin has an anon developer (whom rumor has it doesn't even live in Iceland, nor does he reply in his own thread)...and an outlandish, contrived plan to somehow 'deliver' coins to each and every citizen in a huge country. He also holds over 50 percent of the total coins that will ever be made. Yeah...sounds legit. Even in the event that somehow, someway the actually has legit intentions...this country also has politicians that frown upon bitcoin.

I think the decision is clear. Just wish I would have gotten in early, but I will gladly bump this thread in a month when this stuff is hovering at anywhere between 50 cents and 1 dollar PER COIN. Whomever doesn't get in on the action now will be kicking themselves relentlessly in just a short while.